Tag: investors

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Walter Road – Before we started work

Here are some photos of the state in which we received the property before we started work on it.  There are some interesting items that we might be able to sell, some other items that will go to the tip.  A lot of rubbish though. [s2If !is_user_logged_in()] Below here is some more info for people…
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Walter Road – Completion

We got the email from our solicitor today that we’ve completed*on Walter Road, which is great news! *For non-UK readers, completion here means we have paid the full purchase price and the Title will now be registered in our name.

Gwendoline Street – Completion

We had word from the solicitor today –  we have completed* our first property purchase in the UK! *For non-UK readers, completion here means we have paid the full purchase price and the Title will now be registered in our name. 

Swansea Road – Decision to invest

We had a flip appear today, and taking a look at it, it was almost an immediate yes before doing the numbers as the opportunity to add value was immense by doing some land development style title splitting, subject to planning of course. The basic numbers: Purchase: £80,000 Costs: £5,000 Refurb: £20,0000 Total Spend: £105,000…
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Swansea SA5 Area analysis

The Swansea area has a lot going for it, and the SA5 district is a historically great area, with medium to high prices (comparing with other South Wales areas) and is quite a sought after area based on demand and the below area ratings on Zoopla. The locals tend to own their own homes with…
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Walter Road: Project update

Paperwork is underway and solicitors are figuring out what they require, doing searches etc. Exchange will probably happen within 4 weeks. We met with a local student let specialist who confirmed that the higher end student market would enjoy this location, along with the young professionals. If we can get planning approval for the rooms…
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Investor Update: Working on Local Partner status

Progress! Our credit ratings today have shown a big improvement, and we have moved forward in the process of opening our many bank accounts. One small hoop left to jump through to get up another notch on the credit scale, and it won’t be long now until one of us are eligible for a mortgage.…
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Walter Road – Decision to invest

This property came from PSW, and receiving their email with the summary document started the process of deciding if it was a good investment, what the strategy would be, if the suggested strategy paid off or not etc. The basics: Purchase: £135,900 Other costs: £5,000 Refurb: £60,000 Total Spend: £200,900 Investor subscribers can see the…
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Gwendoline Street – Decision to invest

This property came from PSW, and receiving their email with the summary document started the process of deciding if it was a good investment, what the strategy would be, if the suggested strategy paid off or not etc. The basics: Purchase: £45,000 Other costs: £5,000 Refurb: £15,000 Total Spend: £65,000 Walk score: 77 Very Walkable Port…
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Area Analysis – Port Talbot

We have a property in Port Talbot to access, this is an unfamiliar area, so here is my full area analysis. Port Talbot has varying neighbourhoods from low end to high end.  It is about 15 minutes from Swansea, with a fairly large population. The following are some area stats from my favourite source, Zoopla: Area…
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